William Penn Life, 1969 (4. évfolyam, 1-12. szám)

1969-04-01 / 4. szám

Why Every Husband Should Carry “Wife Insurance” (Continued from page 5) into three types of insurance. The pre­mium costs given here are approximate and based on rates quoted for a woman 30 years old: 1. Term insurance. This type of policy gives protection only; it builds no cash value. Like all term insurance the pre­mium is low — slightly more than $5 a year will buy $1000 of protection. Many companies have term insurance plans that reduce the premium even further. For example, a term insurance policy called “decreasing term” can be bought for $3.80 a year per thousand of death benefit. Decreasing term does just that; each year the amount of in­surance decreases until at the expiration date there is no insurance in force. “Wife rider” is a name given another term insurance plan. This plan allows a woman to purchase term insurance up to one-half the face amount of her hus­band’s policy. The advantage here is a reduced premium. 2. Permanent insurance. This is the type of insurance that builds a savings account (cash value). The annual pre­mium is much higher than for term insurance, but over the years your premium is returned with a tidy profit. The popular “life paid up at 65” con­tract will cost $23 per thousand in annual premium. At age 65 the policy will contain $1480 of cash and dividends. 3. Combination policies. These provide a permanent insurance policy with a “term rider” to guarantee a monthly in­come. One popular combination plan provides a widower with $5000 in cash and an income of $100 a month until the 20-year limit of the policy is reached. The annual cost is just under $150. If the wife lives, the premium will be returned through the permanent in­surance policy. Which type of insurance plan is best? The one that fits you best. One family may like the forced savings plan of permanent insurance; another family may prefer to save through other methods but may want the protection of term insurance. How much wife insurance is enough? However much a family needs and wants. The husband left with four small children is going to need more financial help than the man responsible for one teen-age daughter. Competent financial advisers can assist in determining the right plan, the right amount. It is interesting to note that even the courts have been faced with placing an economic value on the life of a wife. In a recent case (Legare vs. U. S.) a young Naval officer with small children was awarded $8500 per year for 18 years when his wife died after a blood transfusion error at a Naval J^ranch <rdicjl t 'W (Continued from page 3) Buckeye Road. There will be live enter­tainment along with the dinner and dancing. Tickets will be passed out at the April meeting and reservations are already being made. Reservations can be made by calling the district office at 741-2122. Please call soon, as the dance is being well received and Chair­man Frank Ruskay advises at this printing that it looks like a sell-out. We would like to invite you all to come to the Cabaret. A LEGEND — Author Unknown One night in ancient times three horsemen were riding across a desert. As they crossed the dry bed of a river, out of the darkness a voice called, “Halt!” They obeyed. The voice then told them to dismount, pick up a hand­ful of pebbles, put the pebbles in their pockets and remount. The voice then said, “You have done as I commanded and tomorrow at sun-up you will be both glad and sorry.” Mystified, the horsemen rode on. When the sun rose, they reached into their pockets and found that a miracle had happened. The pebbles had been transformed into diamonds, rubies, and other precious stones. They remembered the warning. They were both glad and sorry—Glad they had taken some, sorry they had not taken more. AND THIS IS THE STORY OF INSURANCE By: Bernadette Balia 19 New Brunswick, N. J. Our regular monthly meeting will be on Monday, April 28 at 286 Somerset St., Union Hall—8 P.M. It is the fourth Monday of the month. Please attend.— Our membership is actively prepairing for the New York Bowling Tournament and Fellowship Days on Saturday, May 31st and Sunday, June 1. — For Hotel reservation cards contact anyone of the officers. Barbara Hegedűs, Reporter 28 Youngstown, Ohio With Tournament time so near, we are pleased and proud to say we have a bus load going to New York. The bus will leave at 9 o’clock in the morning on Friday, May 30th from St. Stephens Church grounds. PLEASE be on time!!! There are 4 women’s teams and 4 men’s teams going from Youngs­town. Our Vice President Jack Palmer, Mr. and Mrs. Steve Novak (Steve is one of branch auditors) represented our Branch at the banquet for the Council­hospital. Mothers do have a great eco­nomic value. Family financial planning is not complete until it considers a wife’s worth. men of St. Stephens Church February 16th. There were many more branch members who were present. Mrs. Eugene Sakasits who recently was hospitalized for surgery, is at home recuperating. She is looking forward to going to New York. And she intends to bowl. Keep up the good spirit Frances and you will. Also recuperating at her home after being hospitalized for surgery is Mrs. Frank Molnár, Sr. Our best wishes for the both of them to return to normal health. Frank Molnár III son of Frank Mol­nár Jr. (also the grandson of Mr. and Frank Molnár Sr.) has enlisted in the Marines and will leave for Parris Island for his basic training. We all remember Mr. Frank Molnár, Jr., his father who sang at our 25th bowling Tournament banquet. Also his grandfather Mr. Frank Molnár Sr., was the secretary for many many years for branch 108 until they merged with branch 21. We wish him Good luck and a safe return. Birthday Wishes to the following persons: Steve Danko, Sándor Tollas, Jr., Alex Nagy, Jr., Bill Duffey, and a belated 69th birthday to Mr. Frank Molnár Sr. Anniversary Greetings go to Mr. and Mrs. Arthur Burnett. Tom Graham rolled his first 300 game in the 18 year history of Mar Hill Lanes, Friday night March 7th. He had games of 300-189-209 a total of 698. He bowled these games in the Crafts­man league. Tom carries a 194 average, he is a member of Branch 28 and the son-in-law of Mr. and Mrs. John Bunchy (yours truly). Our Sunday afternoon William Penn Branch 28 mixed league banquet will be held April 12th at the Skylark, in Canfield, Ohio. Time 6 P.M. Mr. and Mrs. Joe Boblik and Mr. and Mrs. A1 Sacks of Hicksville, L.I., N.Y., members of 216 Northampton, Pa. are happy to be bowling for the first time in the William Penn Tournament. They will bowl with Youngstown. Good luck at your first Tournament. For your Life Insurance and Hospital­ization, Savings and Retirement Plan, feel free to call our Agents Mr. Leslie Polgar or Mr. George Duponty at this number 743-7717. Or you may stop in our Office at the Wick Bldg. 11th floor Mondays, Wednesdays, and Fridays 10 A.M. to 1 P.M. Our Agency Manager Mr. A1 Buksar will also be glad to assist you. Our meetings are held every second Tuesday of the month at St. Stephens Church hall (854 Wilson Ave.) at 7:30 P.M. Please attend meetings. Margaret Bunchy, Reporter 84 Stowe, Pa. Branch 84 Stowe, Pennsylvania has merged with a more active branch in (Continued on page 8) 6

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